Remove As-is Remove Inspection Remove Land lease
article thumbnail

Flood Plains, High Winds, and Leased Land: Your Guide to Buying a House in Palm Springs

HomeLight

You’ll have to navigate land leases, HOA requirements , and stiff competition from other buyers set on purchasing your picture-perfect property. As a resort escape, Palm Springs is known for its year-round sunny and warm weather — even when winter is happening everywhere else! Fortunately, we did the legwork for you.

Land 93
article thumbnail

Dreaming of Buying a Lake House? Everything to Know Before Diving In

Redfin

Waterfront land leases You may own the house, but it could be on leased land owned by the government or other agency. Buying a house on a lake means taking over whatever lease the land owner has put in place. Is this a vacation home, investment, or primary residence? What is the flood risk in the area?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Buy a Mobile Home in 8 Steps

The Close

Remember the distinct mortgage and land regulations that apply to mobile homes. Thinking about investing in mobile homes? This budget-friendly option is perfect for real estate investors looking for alternative properties, as they often provide higher rental yields than traditional homes. They can be around $200 per month.

Land 98
article thumbnail

What is a Land Lease Fee? What to Know Before Buying

Redfin

Some real estate terms are easy to understand – sprawling views, excellent location, and home inspection. One of them is land lease fee. However, it serves buyers well to know if a land lease fee applies to a prospective property, and what that might mean in the long run. ” What is a land lease?